Kate Davidson
speaker
334 appearances
5 recordings
1 series
first heard Dec 2017
last heard Jun 2021
Kate Davidson’s voice in public audio — every appearance, attributed to the second.
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Appearances
But nevertheless, that's an issue that I think everyone agrees the payments are not going to be just extended at the same level.
So what's the right number?
Do we shrink them to $300?
Is it $400?
Do we set it as a share of people's wages and just hope that states have time to figure it out?
It's very complicated.
Well, there's one idea that's gotten a lot of attention from Senator Rob Portman, and he would essentially provide kind of a back-to-work bonus for workers.
And I think the general idea is, you know, that if workers are going to forego this extra money, if you will, through, say, the end of the year, that they would get some portion of that, almost like a, you know, like I said, a bonus for going back to work, that they're giving up these enhanced benefits.
You know, the issue with that is, you know, folks who have stayed in their jobs, you know, maybe first responders or teachers or just anyone who's considered essential, who's continued to go to work, you know, they're not getting extra money.
So that's one of the concerns.
But Secretary Mnuchin said on Thursday that some kind of rehiring tax credit could be something that they would look at, including in the next bill, again, to provide an incentive
for people to come back.
And the counterargument, again, from Democrats is that people just might not have jobs to come back to.
It's too soon to know whether a lot of businesses are going to be able to reopen or whether there might be further shutdowns if there are more outbreaks of the virus, which we are starting to see in some states.
want to be deliberate but they don't really have a lot of time if they want to deal with this before some issues pop up so there's a few of them number one is that a lot of states begin their fiscal year on july 1st and right now they're trying to plan their budgets for the year and they are just facing huge revenue gaps budget shortfalls um
So revenue is really only one piece of it.
But if you think about all the businesses that are closed, the sales taxes that states are missing, for example, from restaurants and stores that have been closed, they're really not going to get that back.
As one economist said to me, I'm not going to go out to eat 10 times as much when things open up.
That's just money that's gone at the same time.
They're facing higher costs for services, things like unemployment and health care.
Showing 121–140 of 334 · page 7 of 17
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